SANAN(SH:600703) Ju Chao Zi Xun·2025-12-10 14:26Core Viewpoint - Sanan Optoelectronics plans to jointly acquire 100% equity of Lumileds Holding B.V. with Inari Amertron Berhad for approximately $239 million, marking a significant step in its internationalization strategy [1][3] Group 1: Acquisition Details - The acquisition has passed antitrust reviews in China and Turkey, as well as foreign direct investment reviews in Italy, indicating regulatory progress [1] - Lumileds Holding B.V. is a global provider of LED solutions, with products used in automotive lighting, general lighting, and display backlighting [3] Group 2: Strategic Implications - The joint acquisition aims to create synergies in the LED industry chain and international market channels, enhancing the company's global layout capabilities in the compound semiconductor business [3] - This move is seen as a crucial step for the company to expand its overseas high-end customer base and application areas amid growing global demand for high-end lighting and automotive LEDs [3] Group 3: Future Considerations - The company acknowledges that the cross-border acquisition still requires compliance with regulatory procedures in certain countries and regions, and there is uncertainty regarding the completion of the transaction and its timeline [3]